[4] From his ownership of a go-kart track and other family business ventures, Marks had the financial wherewithal to purchase a team without other means.

[6] The team is owned by Trackhouse Entertainment Group, a venture of Justin Marks and Avenue Sports Fund.

[9] On February 14, 2025, Pitbull announced on his X account that his partnership and ownership status of the organization had been terminated effective immediately.

On January 9, 2023, a consortium consisting of Trackhouse, DEJ Management, Jeff Burton Autosports, Inc., and Kevin Harvick Incorporated purchased the CARS Tour.

[11][12] On June 10, Marks told Sirius XM NASCAR Radio that the team may expand to a two-car operation in 2022.

On September 16, Trackhouse signed a multi-year deal with 2022 NASCAR Camping World Truck Series champion Zane Smith.

[20] At the 2022 NASCAR All-Star Race, Chastain finished 22nd after going airborne from colliding with Kyle Busch, taking Chase Elliott out in the process.

[22] Chastain made the Championship 4 after the "Hail Melon" move at Martinsville by driving along the outside wall at full throttle, slingshotting his way to overtake Denny Hamlin and finish fifth.

Chastain would be credited a finish of fourth after Brad Keselowski was disqualified following post-race tech inspection due to his car failing to meet the minimum weight requirement.

[27] Chastain was eliminated from the Round of 12 at the conclusion of the Charlotte Roval race,[28] but won the season finale at Phoenix and finished ninth in the points standings.

He was winless during the regular season and missed the playoffs after lower-ranked Harrison Burton and Chase Briscoe won races.

[33][34] On May 24, 2022, Trackhouse announced the creation of Project91, a part-time entry that aims to put international drivers behind the wheel in the Cup Series.

[38] On May 18, 2023, the team announced New Zealand driver Shane van Gisbergen would make his NASCAR debut at the inaugural Grant Park 220 at the Chicago Street Course.

[40] On July 19, 2023, Trackhouse Racing announced van Gisbergen would make his second start of the 2023 season at the Indianapolis Road Course.

[45] Trackhouse aligned with Richard Childress Racing as an engine provider for 2021 as well as operating on RCR's campus in Welcome, North Carolina.

On May 22, Suárez won the NASCAR Open for the second time in his career, which earned him a place in the All-Star Race where he finished fifth.

On March 29, he was fined US$50,000 for intentionally bumping Alex Bowman on pit road following the conclusion of the COTA race.

A week later, he beat Ryan Blaney and Kyle Busch in a three-wide photo finish at Atlanta to score his second career Cup Series win.

Trackhouse made their IMSA SportsCar Championship debut at the 2025 24 Hours of Daytona where they ran in the GTD Pro class with contracted developmental drivers Connor Zilisch and Shane van Gisbergen as well as former IMSA champion Ben Keating and IndyCar veteran Scott McLaughlin.